Page 6 - Price Hike
Govt revises price band of air fares; time to buy IndiGo, SpiceJet?
The price hike has attracted the attention of market participants, now the stock needs to cross significant resistance to move ahead.
 "Govt revises price band of air fares; time to buy IndiGo, SpiceJet?")
Maruti Suzuki, Tata Motors, M&M: Price hike puts auto stocks in fast lane
On Monday, Maruti Suzuki increased the price for select models by up to Rs 34,000 to offset adverse impact of rising input costs
 "Maruti Suzuki, Tata Motors, M&M: Price hike puts auto stocks in fast lane")
HUL, ITC, Tata Consumer: FMCG sector on verge of breakout; stay invested
ITC stock is struggling to conquer the resistance of Rs 215 to Rs 220 levels. The downside support stays at Rs 200
 "HUL, ITC, Tata Consumer: FMCG sector on verge of breakout; stay invested")
M&M, Eicher Motors: Technical charts show further upside in auto stocks
A strong close above Rs 770 in M&M may trigger a rally Rs 825 levels
 "M&M, Eicher Motors: Technical charts show further upside in auto stocks")
After festive season, price hikes: Everyday items may get out of reach
Commodity inflation to hurt consumers and businesses. Property developers may hold price lines, but others may not
 "After festive season, price hikes: Everyday items may get out of reach")
Govt working on short, medium-term measures to control price rise: FM
Sitharaman said floods in certain districts have led to uptick in prices of perishable goods
 "Govt working on short, medium-term measures to control price rise: FM")
Simbhaoli hits upper circuit. Charts indicate more upside for sugar stocks
The government has raised sugarcane Fair and Remunerative Price (FRP) by Rs 10 a quintal for 2020-21 season
 "Simbhaoli hits upper circuit. Charts indicate more upside for sugar stocks")
Fuel prices: After 22 hikes, petrol now costs Rs 80.43, diesel Rs 80.53
Petrol price in the national capital was increased for the 22nd day by 5 paise to Rs 80.43 and diesel price by 13 paise to Rs 80.53.
 "Fuel prices: After 22 hikes, petrol now costs Rs 80.43, diesel Rs 80.53")
Delhi transporters say rising fuel prices hurting them after lockdown pain
Meanwhile, diesel prices in the national capital for the first time crossed that of petrol on Wednesday
 "Delhi transporters say rising fuel prices hurting them after lockdown pain")
Ministerial team chalks out measures to check price rise
India is trying to work with Myanmar for a formal agreement on import of tur on government-to-government route
 "Ministerial team chalks out measures to check price rise")
General Motors hikes prices by up to Rs 51,000
Carmakers including Maruti Suzuki, Hyundai Motor, Tata Motors, Mahindra & Mahindra, Mercedes-Benz and Nissan have already announced price hike on their products
 "General Motors hikes prices by up to Rs 51,000")
Nissan hikes prices across models by up to 4%
The company raised prices of Datsun models by 1% and 3.25-3.5% of diesel models including Terrano and Sedan
 "Nissan hikes prices across models by up to 4%")
